At the seventh joint committee meeting under the
India-Japan Comprehensive Economic Partnership
Agreement (CEPA) held recently in Tokyo, Indian com
merce secretary Rajesh Agrawal noted the significant
potential of export of Indian textiles, pharmaceuticals,
agriculture and services to Japan.
Both sides reviewed issues relating to the
implementation of the CEPA and deliberated on ways
to further strengthen bilateral economic engagement,
the Indian Ministry of Commerce & Industry said in a
release.
Discussions covered a wide range of issues, including
bilateral trade and investment, improving the business environment, and the upcoming 14th Ministerial
Conference of the World Trade Organisation.
While the Japanese side underscored the need to
enhance and diversify bilateral trade and investment,
Agrawal underlined the importance of achieving a
more balanced bilateral trade relationship to ensure
long-term sustainability.
A trade and investment roadshow was organised by the
embassy of India in Japan in collaboration with the
Confederation of Indian Industry (CII) and the Japan
Business Federatiom (Keidanren), focusing on promoting
trade from India and facilitating greater investment
flows from Japanese companies.